Gold Slips As European Morale Improves

[1]A report from the European Commission that showed rising morale among European consumers, coupled with continued signs of economic improvement in Asia, sent gold down slightly in Wednesday trading.

Gold futures for February delivery declined 0.4% to $1,686.70 on Wednesday, according to CME Group[2]. Gold traded as high as $1,694.80 and as low as $1,683.10. Gold bullion closed in London at $1,688, according to BullionVault[3].

Silver futures for February delivery rose 0.7% to $32.41 per ounce. Wednesday’s high for silver was $32.43 an ounce, while the low was $32.11.